Vermilion Energy posts loss of $62.6 million in 1st quarter

CALGARY – CALGARY, Alberta (AP) _ Vermilion Energy Inc. (VET) on Friday reported a first-quarter loss of $62.6 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Calgary, Alberta-based company said it had a loss of 56 cents. Losses, adjusted for asset impairment costs, came to 50 cents per share.

The oil and natural gas explorer posted revenue of $129.3 million in the period.

Vermilion shares have increased 22 per cent since the beginning of the year. The stock has decreased 29 per cent in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on VET at


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